Exelon is a multinational energy company headquartered in the United States that specializes in the generation and distribution of electricity. With its operations predominantly focused on the Midwest and Mid-Atlantic regions of the country, Exelon is one of the largest utility holding companies in the nation. The company was formed in 2000 through the merger of PECO Energy Company and Unicom Corporation, and it operates through several subsidiaries, including ComEd, PECO, and Exelon Generation.
Exelon's primary focus lies in the generation of electricity through a diverse portfolio of power plants, including nuclear, natural gas, hydroelectric, wind, and solar facilities. The company's nuclear power segment, in particular, stands out as one of the largest in the United States, with numerous nuclear plants providing reliable and carbon-free electricity.
Apart from generation, Exelon also engages in the transmission and distribution of electricity through its subsidiaries. ComEd serves the Chicago metropolitan area, while PECO operates in the greater Philadelphia region. Both companies are responsible for the safe and reliable delivery of electricity to millions of residential, commercial, and industrial customers.
In recent years, Exelon has emphasized its commitment to clean energy and sustainability, aiming to reduce greenhouse gas emissions and foster energy efficiency. The company actively invests in renewable energy projects and has set ambitious goals for carbon reduction and clean energy generation. Additionally, Exelon engages in various community and philanthropic initiatives to support the neighborhoods it serves.
